Financial news on September 04, 2006

Business and Financial news
A Venerable Newsweekly Changes Its Stripes

Richard Stengel, the new managing editor of Time, wants more essays, news analysis and brand-name journalists in the magazine, and a sharper point of view. Read more..

By JULIE BOSMAN - The New York Times

Help for the Merchant in Navigating a Sea of Shopper Opinions

Following Amazon.com’s lead, more Internet merchants are posting customer reviews — both flattering and flaming — of the products they sell. Read more..

By BOB TEDESCHI - The New York Times

Looking Ahead

AN OPTIONS INQUIRY Executive compensation comes under the Senate’s microscope. The Senate Finance Committee and the Senate Banking Committee will look into the backdating of stock options. (Wednesday.). Read more..

By THE NEW YORK TIMES - The New York Times

MySpace Music Store Is New Challenge for Big Labels

MySpace’s online music store will allow bands and labels of any size to sell songs for whatever price they want. Read more..

By ROBERT LEVINE - The New York Times

New Orleans Regains Its Appetite

As the water, if not the crisis, has receded in New Orleans, Brett Anderson has returned to his beat of covering the city’s legendary restaurant culture. Read more..

By DAVID CARR - The New York Times

New Republic Suspends an Editor for Attacks on Blog

The editor’s blog was shut down after he was accused of being involved in anonymously attacking readers who criticized his posts. Read more..

By MARIA ASPAN - The New York Times

New Way to Gauge a Publication’s Appeal

The company that verifies the readership of print publications has created a new figure that combines print readers and Web site traffic. Read more..

By ALEX MINDLIN - The New York Times

Someone Says Jessica’s in Love. But Who?

The cover of Sept. 11’s issue of People magazine attributes an unnamed friend’s quote of Jessica Simpson directly to the star, a tactic People has traditionally avoided. Read more..

By LIA MILLER - The New York Times

The Good Side of Diamonds, Before a Movie Shows the Bad

In response to the coming movie “Blood Diamond,” the diamond industry is launching a Web site to call attention to diamond trade reforms. Read more..

By MARIA ASPAN - The New York Times

Treasury Bills Scheduled for This Week

The Treasury’s schedule of financing this week included today’s regular weekly auction of new three- and six-month bills and an auction of four-week bills tomorrow. Read more..

By THE NEW YORK TIMES - The New York Times

Exchange Rates of September 04, 2006
CurrenciesExchange Rates
US Dollar Japanese Yen 1 USD = 116.130 JPY 1 JPY = 0.009 USD
US Dollar Canadian Dollar 1 USD = 1.107 CAD 1 CAD = 0.903 USD
US Dollar Swiss Franc 1 USD = 1.229 CHF 1 CHF = 0.814 USD
US Dollar Chinese Yuan 1 USD = 7.938 CNY 1 CNY = 0.126 USD
Euro Japanese Yen 1 EUR = 149.340 JPY 1 JPY = 0.007 EUR
Euro Pound Sterling 1 EUR = 0.675 GBP 1 GBP = 1.482 EUR
Euro Australian Dollar 1 EUR = 1.668 AUD 1 AUD = 0.600 EUR
Euro Canadian Dollar 1 EUR = 1.423 CAD 1 CAD = 0.703 EUR
Euro Swiss Franc 1 EUR = 1.580 CHF 1 CHF = 0.633 EUR
Japanese Yen Pound Sterling 1 JPY = 0.452 GBP 1 GBP = 2.215 JPY
Japanese Yen Australian Dollar 1 JPY = 1.116 AUD 1 AUD = 0.896 JPY
Japanese Yen Canadian Dollar 1 JPY = 0.953 CAD 1 CAD = 1.050 JPY
Japanese Yen Swiss Franc 1 JPY = 1.058 CHF 1 CHF = 0.945 JPY
Pound Sterling Australian Dollar 1 GBP = 2.473 AUD 1 AUD = 0.404 GBP
Pound Sterling Canadian Dollar 1 GBP = 2.110 CAD 1 CAD = 0.474 GBP
Pound Sterling Swiss Franc 1 GBP = 2.341 CHF 1 CHF = 0.427 GBP
Australian Dollar Canadian Dollar 1 AUD = 0.853 CAD 1 CAD = 1.173 AUD
Australian Dollar Swiss Franc 1 AUD = 0.947 CHF 1 CHF = 1.057 AUD
Canadian Dollar Swiss Franc 1 CAD = 1.110 CHF 1 CHF = 0.901 CAD

See what else happened on September 04, 2006